Analyse Financial Statement Assignment
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Added on 2020-02-14
Analyse Financial Statement Assignment
Added on 2020-02-14
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Analyse Financial Statement1
EXECUTIVE SUMMARYWith the changing era, more of the people desire to make a trip at different popular and famousplaces of the world. In UK, Thomas Cook is one of the world’s leading or famous tour operatorswho design package holidays for the people. This study aimed at examining the external andinternal performance of the company through ratio analysis for the two consecutive years andcurrent trend and market conditions. Along with this, the report also emphasized the impact ofBrexit on UK travel and tourism industry to advice CFO appropriately who desires to invest moneyin the company. 2
Table of ContentsCompany Background......................................................................................................................4Industry specific and general market factors....................................................................................4Financial analysis..............................................................................................................................5Limitation of the analysis.................................................................................................................7Conclusion........................................................................................................................................7REFERENCES.....................................................................................................................................8APPENDIX..........................................................................................................................................93
Company BackgroundThomas Cook Group Plc is one of the leading UK based global travel company and touroperator who plans tour packages for the visitors at different attractive destinations of the world. Itis listed on London Stock Exchange (LSE) and constituents of FTSE 250 Index. It was establishedby the merger of Thomas Cook AG, Thomas Cook & Sons and My Travel Group on 19th June,2007. It owns number of tour operators and charters who deliver exceptional services to the touriststo serve them in the best possible manner. Company operates across worldwide such as UnitedKingdom, Belgium, Scandinavia, Central Europe, North Europe, Germany and others. ThomasCook Retail, Thomas Cook Airline, Condor, Hotels4u and Neckerman are its subsidiaries. It servesmore than 20 million customers by designing tour and holiday packages via online. Its core aim isto adopt high-technology and high-touch approach to deliver inspiring and attractive personaljourneys to the travellers. Trust, personalization and innovations are the core values of the companywhich believes in delivering trusted goods and growing brand portfolio and shape future throughtimeless spirit of innovation (Smith, 2014). In the present time of exploring age of new adventures,Thomas Cook aims at pioneering a trusted heritage and shaped the modern travel experiences byrendering top-value to the visitors and inspires their dreams. Industry specific and general market factorsWith the changing era, large proportion of the world wishes to visit at attractive touristdestinations to see the beauty of nature, historical sites, cultural heritage and other places. ThomasCook prepares online tour packages for the visitors comprising accommodation, charter airline, andarrangement of necessary documents, meal, and entertainment and so on. Thus, Thomas CookGroup Plc operates in hospitalitysector plus tourism industry. In thecurrent era, industry is affecting bythe number of external market forceslike internet booking, growth andexpansion in regional airports,independent travellers, disasters,terror attacks, cost of travel, politicalstability, demand volatility and manyothers. As per the graph, it can beseen that growth in worldwidepassenger is increasing consistently from 1990 to 2015 (Trends and factors affecting travel and4
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